TIOAW (Tio Tech A) ROCE %: -0.39% (As of Dec. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TIOAW Tio Tech A TIOAW
19 GF Score
Price $0.00
! 1 Warning Sign
View Full Analysis

What is Tio Tech A ROCE %?

Tio Tech A TIOAW 19 ROCE % is -0.39% as of Dec. 2022. GuruFocus rates TIOAW with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Tio Tech A's annualized ROCE % for the quarter that ended in Dec. 2022 was -0.39%.

Tio Tech A  (NAS:TIOAW) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Tio Tech A ROCE % Related Terms

Tio Tech A ROCE % Historical Data

* Premium members only.

The historical data trend for Tio Tech A's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tio Tech A ROCE % Chart

Tio Tech A Annual Data
Trend Dec21 Dec22
ROCE %
0.00 -0.53

Tio Tech A Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROCE % Get a 7-Day Free Trial 0.00 -0.63 -0.69 -0.43 -0.39
TIOAW
19GF Score
Tio Tech A TIOAW
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tio Tech A ROCE % Calculation

Tio Tech A's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-1.845/( ( (346.094 - 0.472) + (348.982 - 2.259) )/ 2 )
=-1.845/( (345.622+346.723)/ 2 )
=-1.845/346.1725
=-0.53 %

Tio Tech A's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=-1.356/( ( (346.594 - 1.057) + (348.982 - 2.259) )/ 2 )
=-1.356/( ( 345.537 + 346.723 )/ 2 )
=-1.356/346.13
=-0.39 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.39% mean?
Tio Tech A (TIOAW) has a ROCE % of -0.39% as of Dec. 2022.
Is Tio Tech A's ROCE % too high?
Tio Tech A's current ROCE % is -0.39%. Overall, Tio Tech A has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Tio Tech A's ROCE % compare to RXRA and LEGA?
Tio Tech A's ROCE % of -0.39% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Tio Tech A's current ROCE % is -0.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tio Tech A stock overvalued right now?
Tio Tech A (TIOAW) has a current ROCE % of -0.39%. The current ROCE % is -0.39%. Tio Tech A's overall GF Score™ is 19/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Tio Tech A (TIOAW), the current ROCE % is -0.39% as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tio Tech A Business Description

Address Unter den Linden 21, Berlin, DEU, 10117
Tio Tech A is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
19GF Score

Get the complete analysis for TIOAW

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price